Update: well, that didn't take long, 575 was taken out like it wasn't even there, though the 450 level does seem to be putting up some resistance.
I'm still hopeful that we can break out to the down-side and start the new year off in the 150-200 range (which is still 1000% increase from previous Jan 1)
Topic: How low can it go? (Read 905 times)
who knows. I hope it drops to 200. I wouldn't call that segment favorable. Its more the opposite.
I'm already 90% btc to 10% fiat in my trading account, though if it went that low I can always scrounge up more fiat.
who knows. I hope it drops to 200. I wouldn't call that segment favorable. Its more the opposite.
The numbers and dates are taken very roughly from the 4 hour chart of Gox from bitcoinwisdom.
Spoiler alert: stop reading now and make your choice.
OK, I was just looking at that 4 hour chart and I'm wondering how many of those recent lows we are about to test. The chart looks kinda sick right now. And then I saw this from FOX http://www.youtube.com/watch?v=sV1t-YYkCiE ... Anytime I see fox giving a favourable interview or segment, I am very wary.
And then the dude drops an obvious "BitCon" at the end (fast-forward to 8:00) and then it really makes me wonder...
So what do you think? How low are we gonna go?
Spoiler alert: stop reading now and make your choice.
OK, I was just looking at that 4 hour chart and I'm wondering how many of those recent lows we are about to test. The chart looks kinda sick right now. And then I saw this from FOX http://www.youtube.com/watch?v=sV1t-YYkCiE ... Anytime I see fox giving a favourable interview or segment, I am very wary.
And then the dude drops an obvious "BitCon" at the end (fast-forward to 8:00) and then it really makes me wonder...
So what do you think? How low are we gonna go?
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